Industrial News

20 April 2017. The remark comes after Indian business newspaper Economic Times reported that Kia has picked Penukonda in Anantapur district, Andhra Pradesh, as its location the previous day. The nation’s No. 2 automaker will sign a memorandum of understanding with the state authorities this month. Andhra Pradesh has offered about 600 acres of land for US$16,290 per acre.